Tuesday , January 26 2021

Mark Cuban compares Bitcoin to Amazon during the dot com bubble



Billionaire Mark Cuban believes Bitcoin and some Altcoins have the potential to win the “market bubble” in the same way that Amazon, eBay and Freakline are experiencing the dot-com boom.

Gold proposer Peter Schiff responded that “Internet companies have real value and no cryptocurrency.”

According to Cuban policy, the price of cryptocurrencies, like gold, is determined only by supply and demand.

“It is a storehouse of value. Bitcoin has no real value. All the talk about Fiat and depreciation is advertising bikes. Bitcoin is not for trading.

In August 2019, Mark Cuban highlighted the advantages of cryptocurrency over gold.

In September 2020, Peter Schiff of the Year admitted that he was wrong in his July prediction of the first cryptocurrency collapse.

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